17 Apr 2013 10:32
17 April 2013
JSJS DESIGNS PLC
(AIM: JSJS)
Result of General Meeting
JSJS Designs Plc ("JSJS" or "the Company"), specialists in the design, development and manufacture of home automation systems using its LightwaveRFTM technology to enable consumers to remotely operate everyday household appliances, announces that, at its General Meeting held today, the resolution required to implement the Placing was duly approved.
Details of the Placing, which comprised of 178,333,333 new ordinary shares and raised gross proceeds of £535,000, were set out in a circular shareholders dated 28 March 2013, copies of which are available on the Company's website www.jsjsdesigns.com.
Dealing and share capital
Application has been made for the 178,333,333 new ordinary shares which are the subject of the Placing to be admitted to trading on AIM. Dealings are expected to commence on 18 April 2013.
In accordance with the provisions of the Disclosure and Transparency Rules of the Financial Conduct Authority, JSJS confirms that, following this issue, its issued share capital will comprise 547,773,768 Ordinary Shares of 0.1p each. All of the Ordinary Shares have equal voting rights and none of the Ordinary Shares are held in Treasury. The total number of voting rights in JSJS is therefore 547,773,768.
This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of Mar City under the Disclosure and Transparency Rules.
Contacts: | |
JSJS Designs Plc | www.jsjsdesigns.com |
Mike Lord, CEO | +44 (0) 1902 500 562 |
WH Ireland Limited | www.wh-ireland.co.uk |
Mike Coe | +44 (0) 117 945 3470 |
About JSJS Designs
JSJS Designs develops home automation systems to enable consumers to remotely operate everyday household appliances such as lighting, heating, air conditioning, door entry, audio, video and security. The Company is targeting the potentially significant mass market as consumers increasingly seek to "retro-fit" smart home technologies into their homes and, in the longer term, the "extra care" residential market where there is demand from the providers of such schemes to enable independent living for the elderly and physically immobile.